Litecoin (LTC/USD) Price Prediction via Technical Analysis for 07 September 2018

Sep 07 2018

Litecoin (LTC) Price Predictions / Litecoin (LTC) Forecast

After Price Change
1 day $55.8953 0.75%
1 week $55.9742 0.89%
1 month $57.8077 4.20%
6 months $78.9074 42.23%
1 year $125.3620 125.96%
5 years $341.2536 515.09%

We've applied Technical Analysis to the price of Litecoin (LTC/USD) for today and predict where price is headed.

The Relative Strength Index (RSI) is an important indicator for measuring the speed and variation of price movements. Its value ranges from zero and 100. The value around 30 and below is considered an oversold region and over 70 as oversold regions. Relative Strength Index is at 39.505, indicating Neutral action.

The Commodity Channel Index​ (CCI) is a momentum-based technical trading tool used to determine when a market is overbought or oversold. Commodity Channel Index is at -82.702, indicating Neutral action.

The Stochastic Oscillator is a range bound momentum oscillator. Stochastic oscillator is showing Neutral signal, with value at 18.335.

100 days Simple Moving Average is indicating Sell action with value at 80.348, Litecoin is trading below it at $55.48. 50 days Exponential Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 67.386. 200 days Simple Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 116.942.

10 days Exponential Moving Average is indicating Sell action with value at 60.534, Litecoin is trading below it at $55.48. 20 days Simple Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 59.863. 200 days Exponential Moving Average is at 100.584, showing Sell signal, Litecoin is trading below it at $55.48.

50 days Simple Moving Average is indicating Sell action with value at 67.192, Litecoin is trading below it at $55.48. 100 days Exponential Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 81.915. 20 days Volume Weighted Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 59.52.

9 days Ichimoku Cloud Base Line is indicating Neutral since Litecoin is trading at $55.48, below MAs value of 59.259. 30 days Exponential Moving Average is indicating Sell action with value at 62.674, Litecoin is trading below it at $55.48. 9 days Hull Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 57.152.

Also Read: Future of Cryptocurrencies

20 days Exponential Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 61.173. 30 days Simple Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 59.189. 10 days Simple Moving Average is indicating Sell since Litecoin is trading at $55.48, below MAs value of 62.052.

Other Technical Price Analysis for today:

Bitcoin (BTC/USD) Price Prediction via Technical Analysis for 07 September 2018

EOS (EOS/USD) Price Prediction via Technical Analysis for 07 September 2018

Stellar (XLM/USD) Price Prediction via Technical Analysis for 07 September 2018

 

Comments